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RecDoc 2020-058559
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RecDoc 2020-058559
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Last modified
2/12/2021 11:25:00 AM
Creation date
2/12/2021 11:20:15 AM
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Recorded Docs
Recorded Docs - Type
Agreement
Subject
Subdivision Improvement Agreement
Doc Num
2020-058559
Rec Date
6/23/2020
Address
353 MAIN St.
Parties
353 Main St. Apts.
Reso Ref
15846
MO Ref
20-082
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coverage for liability arising out of sudden, accidental and gradual pollution and <br />remediation. The policy limit shall be no less than One Million Dollars ($1,000,000) <br />per claim and in the aggregate. All activities contemplated in this agreement shall <br />be specifically scheduled on the policy as "covered operations." The policy shall <br />provide coverage for the hauling of waste from the project site to the final disposal <br />location, including non -owned disposal sites. <br />18.6 Any deductibles or self-insured retentions must be declared to, and <br />approved by City. At the option of City either Developer's insurer will reduce or <br />eliminate the deductibles or self-insured retentions with respect to City, it's Council, <br />commissions, boards, committees, officers, employees and agents or Developer <br />will procure a bond guaranteeing payment of losses and related investigations, <br />claim administration and defense expenses. <br />18.7 Concurrently with the execution of this Agreement, Developer will <br />furnish City with certificates and copies of information or declaration pages of the <br />insurance required hereunder and, with respect to evidence of commercial general <br />liability and automobile liability insurance coverage, original endorsements: <br />(a) Precluding cancellation or reduction in coverage before <br />the expiration of thirty (30) days after City will have received written <br />notification of cancellation or reduction in coverage by first class mail, <br />postage prepaid; <br />(b) Providing that Developer's insurance will apply <br />separately to each insured against whom claim is made or suit is <br />brought, except with respect to the limits of the insurer's liability <br />(cross liability endorsements); <br />(c) Naming City, its Council, commissions, boards, <br />committees, officers, employees and agents as additional insureds; <br />and <br />(d) Providing that Developer's insurance will be primary <br />insurance relating to its contractor's work hereunder with respect to <br />City, its Council, commissions, boards, committees, officers, <br />employees and Agents, and further providing that any insurance or <br />self-insurance maintained by City for itself, its Council, commissions, <br />boards, committees, officers, employees and agents will not be <br />excess of Developer's insurance and will not be contributory with it. <br />Such insurance will also specifically insure any contractual liability <br />assumed by Developer under the terms of this Agreement, including, <br />but not limited to, the provisions of subsection (a) above. <br />18.8 In the event that Developer's insurance is cancelled, Developer will <br />provide replacement coverage or all work must cease as of the cancellation date <br />until replacement insurance coverage is provided. <br />REV: 12-16-19 PR <br />ATTY/AGR.2019.315/Woodside Professional Center, LLC (Page 10 of 22) <br />
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